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20121129
20121207
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CSPAN 8
MSNBCW 3
CNBC 2
CNN 1
CNNW 1
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English 18
Search Results 0 to 17 of about 18 (some duplicates have been removed)
MSNBC
Dec 4, 2012 1:00pm PST
%. ♪ >> it certainly 'tis the season and whether you're counting the days to the fiscal cliff, the debt ceiling, christmas day, or judgment day, there's much to do and not much time to do it. as for us, we're counting down the minutes to house speaker john boehner who will be lighting the capitol christmas tree 234 just about an hour. if you're among the wealthiest of americans, then, boy, does boehner have a gift wrapped for you. in republicans' counteroffer to avert the fiscal cliff, the rich get to keep their bush era tax cuts, even as the boehner budget slashes $1.2 trillion in spending, half of it from medicare, medicaid, and other social programs. it is a lump of coal delivered by the republican reindeer to the vast majority of americans. as for new revenues, they have reached in santa's sack for that old favorite. they plan to raise $800 billion by closing loopholes and deductions. only one problem a problem that flummoxes no less than mitt romney and paul ryan throughout the campaign, a problem as real today as it will be tomorrow -- the math. as the president explained in his first pos
CNN
Dec 6, 2012 2:00am PST
of coffee this morning. starbucks ceo has sobering advice to offer on the looming fiscal cliff, that the consequences will be far worse than last year's debt ceiling fight when the u.s. credit rating was downgraded for the first time ever. his message to lawmakers, now is not the time to play politics. it's about doing right by the american people. >> i think if people would get in the room and leave their ego behind, and not be so skewed towards the party but be so sensitive to the lens of the american people, we will have an agreement. >> poppy harlow is joining us with more. we've been talking about how this will affect us. schultz says this goes way beyond our boarders. >> it's global. something that stuck with me talking to him about this, the people who need a deal most will be hurt the most. here's why. >> this single issue has a seismic affect on the rest of the world, that we have never been as connected and the domino effect of a bad outcome here will have significant negative consequences, domestically and around the world, not the least of which will be the level --
FOX Business
Dec 4, 2012 3:00pm EST
are in tough economic times, fiscal cliff, the massive not only federal but state level debts at all-time high, the middle east crisis going on. p think will be tough sledding for a few years and tough for businesses to grow top line. they will focus on the bottom line ann expenses and texas can offer a great opportunity for them to have a lower cost of production and wages, lower cost of office space. also a situation where office construction is at a 50 year low so it is simple economics. increasing demand, limited supply, returns will be higher. liz: the traditional investor always looks at 60% stocks, 40% bonds. you said don't do that. look at alternative investments. there are better ways to get yields. >> i agree. especially if you're a long-term investor like a pension plan or individual with 401(k) or retirement accounts. if you have five years, you should look at liquid assets like private equity and real estate. many private equity firms are now starting to tap into individuals and giving them alternatives to invest whereas historically it has only been available to institutions. rea
CSPAN
Dec 5, 2012 8:00pm EST
turn to the rest. >> right now we are facing a fiscal cliff. last year we were facing the debt ceiling. before that, we were looking at several potential government shutdowns. at a different level, the appropriations process has not worked as intended for years. neither has the budget process. it seems like abnormal is the normal. that type of activity in this situation where we are already looking ahead to the next potential showdown, as he suggested, with the next debt ceiling altercation, this creates uncertainty, which is not good for the private sector and certainly is not good for the federal government in terms of its ability to function in a normal way. how can congress break out of this? >> do what we are hired to do and to appropriations in a timely manner. in maryland, we have a lot of defense contractors very concerned about sequester. many of them say, warner, warner, a nuisance and-bowles. -- do simpson-bowles. everyone supports it, but no one has read it. but the top line numbers are almost the same -- next time you do a default, do not make it so awful. putting a gun to
CSPAN
Dec 5, 2012 7:00am EST
of santa barbara. we have gone over the fiscal cliff here in california. we are billions of dollars in debt. democrats and the labor unions are bankrupting this state. if the democratic party is so good, then why are we bankrupt? don't you think it's time the unions, instead of spending billions of dollars on political campaigns give that money back to the membership so they can maybe pay their own wages and tax bears and people like me that live on fixed incomes don't have to be taxed out of our homes and lose the money we have worked hard to make? guest: you have worked hard. number one, i cannot comment on the california situation. i just don't know enough about it. reports are that things are starting to turn around a little over there. it's tough to pass a budget if when you have the fiscal majority requirement. second, how we got here, it's not unions. wages for americans have been going down the past 115 years. people are not keeping up with inflation. the average american worker has taken a 2011 pay cut when you compare what they made 10 years ago to what they're making now. -- $200
FOX News
Nov 28, 2012 9:00pm PST
ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the country does, they'd be broke in 90 days. it's a disaster. >> sean: but they don't have the ability to print more money. senator, thanks. >> always a pleasure, sean. >> sean: coming up, reaction to my interview with senator chambliss. later an egyptian court sentences seven chr
CNBC
Nov 29, 2012 9:00am EST
, with the european debt crisis looming and that fiscal cliff still unresolved, the robin report's robin lewis thinks many luxury buyers may be holding back this holiday season. >> i think that will cause some cautious spending in the last holiday season, in the last quarter. and if the resolve is made to increase the tax rates of the rich, it will definitely hit the pocketbooks. >> reporter: and there's no doorbusters for luxury players. they're banking on their price premiums and their quality to drive sales. later today, carl, i'll sit down with burberry ceo. we'll talk about all things luxe. >>> straight ahead, why the secret to housing reform might be reforming the fha itself. >>> a little bit laeter, how to play the retailers ahead of this holiday season. "squawk on the street" is coming right back. if you are one of the millions of men who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and...
CSPAN
Dec 6, 2012 1:00am EST
up getting past this fiscal cliff by creating another one with the debt ceiling. the best way out -- we passed a bill yesterday on the floor, it passed 98-0. that does not make news. it came out of committee -- a defense authorization bill. you had a majority and minority that work together. all kinds of amendments that were agreed to and voted on. and it passed. that is what we have not been doing. we have had bills come out of both leader offices, airdrop on the floor, that are intended not to pass but to show differences. if we can just go through regular order, things would be just fine. >> they have regular order in the house. >> regular order in the house has not brought compromise. i would like to see things go to regular order. i am a big proponent of allowing them to work -- we do need to recognize that in the era of divided government, where you have one party in control of the white house and another in control of the house, you are going to have a lot of give and take. in that environment, commonplace is essential. if you go through the last campaign, it is not that bi
CSPAN
Nov 28, 2012 8:00pm EST
.m. eastern on c-span. >> the authors of the simpson- bowles debt reduction plan talk about the fiscal cliff and choices facing congress. both alan simpson and erskine bowles have emphasized the need for revenue increases and entitlement reform. they have urged congress to reach a compromise. this is hosted by the "christian science monitor." >> here we go. our guest this morning are erskine bowles and senator alan simpson, a co-chairman of the national commission on fiscal responsibility and reform and co-founders of the campaign to fix the debt or as the new york times called them this morning, the debt duo. their last joint appearance with us was in november of 2010. let me thank them both for a much for coming back. we're all trying to fix the nation's fiscal woes. erskine bowles is president the university of north carolina. he also had a career in investment banking and venture capital. the team in washington in 1993 service director of the small business administration and was later mentioned -- named chief of staff to president alan simpson clintonala followed his father's footsteps
CSPAN
Dec 5, 2012 1:00pm EST
discussions on the fiscal cliff and maybe the debt keeling and -- keeling -- ceiling and roll all this together. >> i don't think the debt creelhags a play in -- place in all of this. i think we continue the mcconnell rule which says the president sends over, 2/3 of the congress ons then that is overturned -- obtains then that is overturned so we -- objects then that is overturned. that is holding hostage anything for the future. there are two steps we need to take. one is now, which by passing the middle income tax cut, the decoupling of that from the high-end tax cut is a liberation in terms of discussion on how we go forward. a package that recognizes that we have to establish priorities, that means value some investments more than others and make cuts, and make sure that what we -- judgments we make on revenue and judgments we make on cuts are all in furtherance of growth. in our economy. i have confidence in the sense of responsibility all of our colleagues have to our country, that we'll be able to reach an agreement. and again, not to make it a too complicated -- a good fir
CSPAN
Dec 4, 2012 1:00pm EST
or the fiscal cliff. well, i might remind people that the fiscal cliff was gone over in august of 2011. . some have already forgotten. we were told if we didn't have a debt ceiling increase by august 2 we were going over the financial cliff, it was financial armageddon. everything would melt down. it was all going to be just this horrible financial malay. it was a disaster. we could not allow ourselves to get to august 2 without having a debt ceiling increase. some of us took -- we made proposals and we took a look at what was being proposed. we said, are you kidding? a supercommittee? that's not going to do any good. they'll never be allowed to reach an agreement. some of us were told, well, of course they'll reach an agreement because if they don't, there will be these massive amounts of devastating cuts to our defense and devastating cuts to medicare. they'd never allow $300 billion or so to be cut from medicare on the other side of the capitol here. and i reminded my friends, they just cut $700 billion from medicare for obamacare. this president and the senate were pitting our seniors agai
CSPAN
Nov 29, 2012 7:00am EST
debt push has doubters in the discussion about the fiscal cliff. host: and in the washington post is a picture of three c.e.o.'s coming out of the white house. this is patricia wuertz, she is the chief executive of archer daniel's midland. emmett fraser of merck and another person walking out. we're going to move onto william in maryland on our republican line. hi, william. caller: gorn. i love watching c-span, i'm a first time caller. host: welcome. caller: thank you. i'm not the greatest at this, but i can tell you as an african-american republican, who is a home owner association's president for his community of 339 homes, and someone who works in security, and someone who volunteers at least 40 hours a week on his community, there is a issue with us as americans and picking up slack. we put too much on the federal government to do. we as people need to stand more for each other and help each other. and i guarantee you if we took the money out of the politics, and we as the people stood together with one another and helped each other as in the churches and the communities, just
CNBC
Nov 29, 2012 6:00am EST
to talk about what it will take to reach a compromise in washington to avoid the fiscal cliff, ring the bell. plus, we've got breaking economic data due out at 8:30 eastern. economists looking for 395,000 jobless and expects q3 gd to rise by 2.8%. start taking notes. we'll see you very shortly. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. >>> welcome back to "squawk box" this morning. ceos from all around the country t
MSNBC
Nov 29, 2012 3:00am PST
think the president understands what needs to be done to not only take care of the fiscal cliff but also take care of the concerns of the job creators, you know, make sure that the economy not only -- not only that we move towards a more balanced approach towards solving the debt but also that we grow the economy? did he seem to get that yesterday? >> yeah, i think without a doubt, he understood that the fiscal cliff issue was just short term in nature. it's something that needed to get moved on. but the bigger issue was still tax reform for business, making sure that businesses could be globally competitive, dealing with the immigration issues and s.t.e.m. and moving on with regulation because ultimately he did ak knowledge that it is the business community that creates jobs, and jobs are the path to growth, and growth is the path to more revenue. absolutely. >> let's go to pulitzer prize winner, jonathan capehart. jonathan, i tell you what, pieae is breaking out all over the place, howard dean admitted that we had to cut medicare. michael steele admitted we had to raise taxes. and you
MSNBC
Dec 5, 2012 3:00am PST
have no idea how we're going to pay for them. we have a fiscal cliff which we describe now that everybody's talking about at the end of this year, that's not the cliff. the cliff is the unsustainable debt we have. and unless, in my estimation, a lot of economists, you're not going to put us on a path to prosperity unless you take about $9 trillion out over the next ten years. and we're barely talking $4 trillion. >> yeah, nobody's talking $9 trillion. >> yeah. and $9 trillion is the only thing that actually solves this. so we're sitting here as a country, we have made commitments that have to be rearranged and made more efficient. we have a tax structure that is subpar to what we need for our economy in terms of our historical averages. and nobody's talking long run. everybody's talking december 31st. >> i know. you see john boehner's proposal, he was very critical of the president's proposaproposal, it nonstarter, but boehner comes out talking cutting $2.2 trillion. you talk about $9 trillion needed over the next ten years. look at the past four years. we've almost added $
CSPAN
Dec 3, 2012 5:00pm EST
a budget deal. the fiscal cliff has come about because of happenstance. we have a series of events that were designed to happen. we have other things that are going to happen that are not necessarily intended. debt going to hit the ceiling again very shortly after the first of the year. that is something at happens when it happens. host: one piece you alluded to with entitlements is the simpson-bowles would raise the social security retirement age. explain where it would go. guest: it would raise the retirement age. right now it is scheduled to go up to 67. that was a deal reached in the 1980's to keep social security solvent. we are living longer. or social security was first created, the retirement age was 65. life expectancy was 64. now we're talking life expectancy of around 80. what this does is raising up and indexes s list. in 2075, the benefits will start being paid out. when you're 69, there are 67. like expectancy will grow at a faster rate. some argue this is still a cut because it is changing from current law. others argue it is not a change. host: which he agreed to re
Search Results 0 to 17 of about 18 (some duplicates have been removed)